##
##
|The trustee|s|servin|g
during the yea|r and since the year e|nd|we|re as|follows:|
|---|---|---|---|---|---|---|---|---|
|||||Alisdair Cameron|||||
|||||Douglas
Hunter|||||
|||||Nikki Gibbard|||||
|||||John Banks|||||
|||||Rachael Doyle-Hall|||||
|||||Nelli Stavropoulou|(Resigned|||11July 2022)|
|||||Dr Victoria Armstrong||(Resigned 11July 2022)|||
|||||Toby Brandon|||||
|||||Angela
Main (Appointed|||12January 2023)||
|||||Thomas Lonsdale|(Appointed|||23 January 2023)|
|Company|secretary|||Carole Hall|||||
|Key management|||personnel|Robert Malpiedi —Studio|||Manager/CEO||
|Company|number|||05028177|||||
|Charity number||||1116957|||||
|Registered||office|and principal|The Blackfriars Centre|||||
|place ofbusiness||||Newbridge
St|||||
|||||Newcastle
upon Tyne|||||
|||||Tyne and Wear|||||
|||||NE1 2TQ|||||
|Independent||Examiner||Clarke's Chartered|Accountants||||
|||||176Portland
Road|||||
|||||Jesmond|||||
|||||Newcastle
Upon Tyne|||||
|||||NE2 1DJ|||||
|Bankers||||Unity Trust Bank|||||
|||||Nine Brindley place|||||
|||||Birmingham|||||
|||||B1 2HB|||||
|||||Santander
UK Pic|||||
|||||Business Banking|||||
|||||301 St Vincent Street|||||
|||||Glasgow|||||
|||||G2 SNT|||||
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
||Notes|Unrestricted|Restricted|31 March|31 March|
|---|---|---|---|---|---|
|||funds|funds|2023|2022|
|||||Total|Total|
||||E|R||
|INCOME FROM:||||||
|Donations
and legacies||6,580||6,580|3,091|
|Charitable
activities||15,533|224,260|239,793|207,700|
|Other income||3,896|1|3,897||
|Other trading
activities||3824||3824|4820|
|Total income||29,833|224,261|254,094|215,411|
|EXPENDITURE ON:||||||
|Charitable
activities||20,462|227,967|248,429|192,623|
|Total expenditure||20,462|227,967|248,429|192,623|
|Net income/(expenditure)||9,371|(3,706)|5,665|22,788|
|Transfers
Between Funds||||||
|Total funds brought forward||104279|19958|124237|101449|
|Total funds carried forward||113,650|16,252|129,902|124,237|
##
##
||||Notes|2023|2022f|
|---|---|---|---|---|---|
|Current assets||||||
|Debtors
Cash at bank and|in|hand||2,486
+~86|2,445
194154|
|||||208,072|196,599|
|Creditors: amounts||falling due within||||
|one year||||~76 170|72362|
|Net assets|||12|129,902|124,237|
|The funds ofthe|charity|||||
|Restricted funds||||16,251|19,958|
|Unrestricted
funds||||113651|104279|
|Total charity funds||||129,902|124,237|
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
|?|estimates
Donations|and assumption
and legacies|s
will, by|definition,
seldo|m equal the rela|ted actual results.||
|---|---|---|---|---|---|---|---|
|||||Unrestricted|Restricted|31 March|31 March|
|||||funds|funds|2023|2022|
||Donations|||R
0|R|E~91|~91|
|3.|Income from charitable||activities|||||
|||||Unrestricted|Restricted|31 March|31 March|
|||||funds|funds|2023|2022|
||||||||E|
||Grants||||224,260|224,260|199,638|
||Members|contributions||15533||15533|6061|
|||||15,533|224,260|239,793|207,699|
||Other income|||||||
|||||Unrestricted|Restricted|31 March|31 March|
|||||funds|funds|2023|2022|
|||||R|R|K|R|
||Other income|||3,896||3,897||
##
##
##
|||Unrestricted|Restricted|31 March|31 March|
|---|---|---|---|---|---|
|||funds|funds|2023|2022|
|||R|||R|
|Sales|ofgoods|3,824||3,824|4,620|
##
|||||Direct|Support|31 March|31 March|
|---|---|---|---|---|---|---|---|
|||||costs|costs|2023|2022|
||||||K|R|R|
|Funding|for|the promotion|of art and|137,365|104,165|241,530|188,018|
|artistic|and|creative activities||||||
|Governance||costs|||6899|6899|4605|
|||||137,365|111,064|248,429|192,623|
||||31|March|31 March|
|---|---|---|---|---|---|
||||2023||2022|
|||||E||
|Support staff costs||||47,986|48,816|
|Rent||||30,962|19,866|
|Repairs and maintenance||||1,104|460|
|Legal and|professional|fees||11,550||
|Promotion|and marketing|||920|319|
|Insurance||||767|849|
|Other support costs||||10,876|5,058|
|Governance
costs||||6899|4605|
|||||111,064|79,973|
|Governance|costs are made up as follows:|||||
||||31 March||31 March|
||||2023||2022|
|||||E||
|Accountancy|services|||5,686|3,452|
|Independent|examination|||1,200|1,140|
|Companies|House filing|fees||13|13|
|||||6,899|4,605|
##
##
##
|et outgoing resources|||
|---|---|---|
||31 March|31 March|
||2023|2022|
|The net outgoing resources for the year is stated after charging:|||
|Clarke's fees:|||
|Independent
examination|1,200|1,140|
##
##
|mounts
to:||
|---|---|
|31 March|31 INarch|
|2023|2022|
##
##
##
##
||||||||||||31 March|31 INarch||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
||||||||||||2023|2022||
|||||||||||||E||
||Prepayments
and|||accrued income|||||||2486|2445||
||||||||||||2,486|2,489||
|9.|Creditors: amounts||||falling due|||within one||year||||
||||||||||||31 March|31 March||
||||||||||||2023|2022||
||Trade|creditors|||||||||5,647|4,096||
||Accruals||and deferred|||income|||||72 523|68266||
||||||||||||78,170|72,362||
|10.|Deferred||income||||||||31 March|31 March||
||||||||||||2023|2022||
||||||||||||E|||
||Deferred||income at 1 April 2022||||||||65,416|65,321||
||Released||from previous|||years|||||(65,416)|(65,321)||
||Amounts||deferred|in|the year||||||67 431|65416||
||Deferred||income at 31|||March|2023||||67,431|65,416||
|11.|Analysis|ofcharitable|||funds|||||||||
|||||||||As|at|||As at||
||||||||1 April|||||31|March|
|||||||||2022||Income|Expenditure
Transfers|2023||
|||||||||E||||||
||Restricted|funds||||||||||||
||National
Lottery Fund|||||||17,157||94,475|(93,563)|18,069||
||Newcastle|Cultural||||||(1,297)||21,767|(20,470)|||
||Investment|Fund||||||||||||
||Enterprise|Development|||Fund|||||13,501|(9,076)||4,425|
||Lloyds Bank Foundation|||||||||1,721|(1,712)||9|
||Others||||||||4 098|92 796|~103146|~6252||
|||||||||19,958||224,260|(227,967)|16,251||
||Unrestricted||funds|||||||||||
||Designated|-|Governance||||||||70,000|70,000||
||Designated
General|—R8D||||||104279||29833|20,000
~20 461
~90000|20,000
23651||
||Total funds|||||||124,237||254,093|(248,428)|129,902||
##
##
##
##
##
##
|nalysis|of net assets be|tween funds||||
|---|---|---|---|---|---|
|||Unrestricted|Restricted|Total|Total|
|||funds|funds|2023|2022|
|||E|||E|
|Current|assets|6,537|201,535|208,072|196,599|
|Current|liabilities|~5647|~72 523|~76 170|~72 362|
|||890|129,012|129,902|124,237|
##
##
##
##
##
##